New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1887-11-14

Tho fair rate for mosey at the Stock Exchange
per cont the through day after borro wcrs
had all supplied ana lenders had closed their books
and retired legitimAto desand in tho absence OF
lenders. made momeuiry quotation Of per cent for
call loans but 1t reported over the tcie-
graph tapes the market swamped by Offers 70
loan 6. at per cent and at cent then no money
WAS wanted. Even Friday. the high day for call
loans at tho Stock E1ehanse the rate Ill not get above
drug at cent. and commercial paper passes at
ssa. per esn than t. u.a. a. h. The
latest qnotasns for New-YDrk checks at he places
csf ssro s. si dcu ps
mercla 81 80 discount anil bank par St LOUIS. cents
Boston. 70 s2o cents discount.
The foreign exchanges were quiet the week through.
ANA s. so,e s.rs on "a. "'
- - respectively FOR long and shsrt sterling against
s. 50 and 4 744 year age: discriminating an adj
vance ia tDs price Of Gotten OF y cent the export
m-nr OF tho wsst was unusually large, aggregating
1872. 666 baies. against lt4026 bales Ia tao wees OF
1856 and l4i4l5 oales in tne week OF 1885
IN addition to which tho quantity on heard snip
1896 and 22600O bales In 1885. The total exports
cleared since september have been L36s 700 bales;
against l.Ol2355 bales IN the same tins OF 1850 ana
OIL $50 bales in 1885, Breadstu1 exports still lag hut
all tho European indications arc favorable TO the BELIEF
The existing slow movement s the calm preceing
the tempest OF demand In the meantime the stsca oi
wheat sight Of the Rocky MouDtansis 100000
bushels less than that OF one year ago mo atest A
cultural Department the crops OF cotton cora
potatoes aal tobacco arc generally regarded As beng
The Commercial aad Financial Chrontcie's table of
seventy three companies 4v,ns an aggregate for the
week OF this year Of s7059 SOL against S6ls2773 for
the week OF is-6-a gain ss76nsS IA II per cont
Tur LET fEIBrSE has printed e.ran1s Of thrty
thrso railroads In the dr, week OF November, giving an
aggregate or 81 S56.63S. against S24sl,7JO III to
week lss6a gain OF s37i9Os or ID per cent; tue
railroads IN the week Of 1855 gave galn on tne
,r~cnatsr, repeated ana rea,serlsd pe.sni-uc OF
"no business and low rates. railroad earnl - seem 20
cnu fo AZ a
surprising to the sauguine Of optmlsts
~rer, Who FOR SIX months have predicted norhing but
ruin railroad interest Of the country declining
earnings ana general pIssraon OF all business. ana
who continue TO t4s and write predicting Destruction
with gal. that would be presumption II ever one oi
their previous predictions had not ia-d OF tuhlmeut
ON one or two sccasious have mentioned that tho
the bears at tho stock Exchange nad become
despe II there bsore was any lack Of evlehcs Of
thai fact furnished this morning bV the publication
Of inspired articles IL IA only the des AR OF despsr4
ton watch could resrrect the corpse OF that repuid
Dcpe~-3 Louis nterve~ la ald oi scare at TIE STOCK
Exchange. Our friends. the bears should nave taken
advantage OF mat repoteI interview" on tno h@l ss
pubu,ucd It never will 10 Thea good any more. EVeA
II tao words put INTO Nj Deprwo mourn hni peeh Ms
true thoughts. the worhl has slce moved anu 80 oo
ahly would hr. Dcpew nave become moro Gu
that suggestion that the Penn-jlyanla harsal man
agenent any mauEer influenced by breNcI OF a
dend uom zig to per cen OK course 10 oMS.s Genes
tbs story Il Is too sy for Official notiee Ivy an IL
earnings Tor tue nino mouths ended octo
Der 81 fully warranted the declaration
A
conservatism Of the present man'sem M prcvcu,eu ,ne
declaration 32 per cent II ~ wnrth relncii
ono -rniic4te OF uicu ureIel Morgan 30. mem
Ders credited with forcing that company 70 pass
Morgan & Coz who ar-large Interested Ia the securities
B.itim.re aud force that company % t'- US
dividend aud Influence me PennsVlyAuis Company. IN
wnica they interest OF speculative character
memory which extends beyond tho length OF his oss
ant generally respect ;Or consistency ana Ae
reverse feeling FOR : opposite 80.
A.Iz %
vanderbilt runs au~s to be dG- Ia the potential IN
cuence u MI MsrgauI II l. nothing that the Newiork
,eutra and Hudson lver eArnelln is year enie sep
teunor 80. after tho erp"n Iture .! eluisIu,ha'y
amount, In b.tsrm-nts 5 ~ per cent 90 Us stsrs o
wn.cil il ouIy pad 4 per cent in ivdenjs and
tu4i in hrst meath locioberl o. US
year ia s.rnnss Increased over sSVoOoo o,
At tie rate OF Pir aRH wi be ns 10 ss' M
non,sn,c hal tt- spscuau interest IN me market
sbsats o,sSic increase In avii-ni. year ago New
YORK Central aud Hudson River was selling per cent
ss . a,T and aos1. %pTG re c aH e' coat 'O'
l.sc saure me year ago sc ling Just per cent
t'p whether or no, the c"mp~ny would declare iivi
lie ID FOR the current SIX months ended december 81
the earnings N. year will be equal to fuzzy per
cent Oh ne stock. OF Of which Il has pali oiy
selling 3 per cent higher tnag yesterdVs usure' and
canada Southern was selling per cent hi-h-f. lie
/, el concerning dividends on these iws roads DYE
dssls the siI months ended peeenooT 81 "rre DC
cl.red II sad = per cent respectively For the cur
rot year dividend, OF and = per cent respect,
& acre we ri for certain s Ss, % tne earring.
viii warrant an Of over 80 per cent In the De
ce ,ner dividends, WHAT the dlvldends bc declared
vii bc We 10 not know ono ago the common
stock selling per 'eat higher than ye'er'
day. ngurrsi then qnes ion whether the forth
coin.ng annual report woulI show net earning. equal
To Hrs charges; no" II Is ceitG a tn"r 10,
Will slsw net earnings In excess ~ a. nr't charges OF
siJO jOOOan that AFTER con. inusd rtotiinay
expenditures To repair tnr nesl"'t Of former .lani'rs
non, ono year thica1e snd Northwestern was
selling per cent higher than Yesterday since tnen
year ended May 81. showing earnings equal 10
near per cent On oOtn c'as's' %. Us 81" "a
the ended sep rmber 80 Of s ue" year II
t74oOOO AMI there people WAC pr"teAd 10 taK
OF rsiucon OF dvitends One feature % the nspaSe
all the companies thus nan'd Il that they nave
ceased to be spectators aud are Investors.
one year ago Delaware. Lac1awspna and western was
selling II per cent higher thAn now Dett"Are anu u
sou per cent higher. Reading adding assessment
panll only per cent low and Nor'O an western
per higher And yet the coal traffic never IN us MS
Uuion Pacific was nj higher and IT'S net earn
ng- for nine o. this year nave been Sio!oooo
greater Than IN Inc same Time 9 $50 Sn." ,
rr,fored TO "A practical monopoly II selling = per cent
IA" ,"rx EIcnanse markets IN the week We're charac-
t-rk~ by h.r tendency To hardness IN value tnan
oly $40 Sl7 shares The general dulnrs. fobiis the
thought OF - speculative character The markets are
a purely speculative ouuish inhueuce in tho m.rset
va, Of the weakest Kind. and II did more
harm than cod ~ "A rehabilitation OF values II Hoped
nd twist search OF reactisns Of per cent ana
half the bearsh In It's talk so a. 10 -ct OacA
- stocks IL had realized upon. The real market was
absorption against nstfootei bears vita tho speen-
lauvo bulls Acuae The part OF tho lhtet-
n. only Thursday was
there a reaction worthy OF mspuon. on that IA,
tho bears picked mp the club Of The Anarchis,s ana
u.sd IL with some effect The crown Prince ann Tue
Eutopsap markets had nethns 10 40 with the decline OF
the dsy ON the contrary. the London and ConuhrhA
narket, for nercans were up 10 the rceeipl OF
amt Aliens showing the hsmc deches, aud then ohIy
.r ,lly responded 10 lower New York hkures ana
~, Friday tho foreign markets for Americans opch-d
higher and lel home markets up To their ooSiHS
hour which "a IL 30 Ooiock New-iorh lime
.ubloiuei is our usual table Of the highest 'oWeN snu
Ana. prices AID nuinDer OF shares SOLD OF sifVshvS
.cyr ar reprsseuatve stocks. together Win the nhaI
prices OF week ago. prehIcd 10y tho Prccs oil November
10, 1856:
WEEKLY RANGE